💡 Buy and Sell Strategy for ETC/USDT:
### General trend
- The price is witnessing a gradual recovery after a sharp decline that reached the support level of 23.475.
- It is currently trading at 26.677, with positive signals such as the RSI rising above 65.
- The price is close to breaking the EMA(25) at 26.496, which may lead to a continuation of the uptrend.
### Support and resistance levels
- Closest support: 25.815
- Basic support: 23.475
- First resistance: 26.997
- Main resistance: 28.434
### Technical Indicators Signals
- RSI (65.98): Shows bullish momentum, but if it approaches 70, it may enter the overbought zone.
- MACD: Positive crossover between DIF and DEA, supporting the continuation of the upward movement.
- Moving Averages (EMA): The price is close to breaking the EMA(25). If this happens, it will be a clear signal to buy.
### Purchasing Strategy
- First buy point: When there is a clear breakout of the resistance level 26.997.
- Buy confirmation: Increased trading volume and MACD breakout of zero line.
- Objectives:
- First goal: 28.434
- Second goal: 31.076
- Stop loss: When support is broken 25.815.
### Sales Strategy
- First selling point: When the price fails to break 26.997 and bearish candles appear.
- Protective Sell: If the price breaks the support 25.815, target selling at 23.475.
- Close the trade at overbought (RSI > 70): If the RSI exceeds the 70 level with a slowdown in momentum.
### Risk Management
- Do not risk more than 2-3% of your capital.
- Always use stop loss to protect capital.
### Decision Summary
- Buy: Upon breakout of 26.997 with first target 28.434.
- Sell: When the support 25.815 is broken or if the price fails to achieve upward momentum at the resistance.